Section 137

In a winding up by the court in England and Wales the official receiver may, at any time when he is the liquidator of the company, apply to the Secretary of State for the appointment of a person as liquidator in his place. If nominations are sought from the company's creditors and contributories in pursuance of a decision under section 136(5)(a), but no person is chosen to be liquidator as a result ..., it is the duty of the official receiver to decide whether to refer the need for an appointment to the Secretary of State. On an application under subsection (1), or a reference made in pursuance of a decision under subsection (2), the Secretary of State shall either make an appointment or decline to make one. Where a liquidator has been appointed by the Secretary of State under subsection (3), the liquidator shall give notice of his appointment to the company’s creditors or, if the court so allows, shall advertise his appointment in accordance with the directions of the court. In that notice or advertisement the liquidator must explain the procedure for establishing a liquidation committee under section 141.

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Source: legislation.gov.uk · retrieved 2026-09-04